NEW YORK ( TheStreet) -- Brown Shoe Company (NYSE: BWS) is trading at unusually high volume Thursday with 1.8 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 24 cents (+2.2%) at $11.07 as of four p.m. ET.

Brown Shoe has a market cap of $507.1 million and is part of the services sector and specialty retail industry. Shares are down 22.3% year to date as of the close of trading on Wednesday.

Brown Shoe Company, Inc. operates as a footwear retailer and wholesaler. The company provides a range of licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. The company has a P/E ratio of 11.9, below the average specialty retail industry P/E ratio of 13 and below the S&P 500 P/E ratio of 15.9.

TheStreet Ratings rates Brown Shoe as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Brown Shoe Ratings Report.

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